On 24 January, the shipbuilding company Fincantieri shake hands with Barzan Holding and inked an MoU in order to boost their strategic partnership. In fact, both sides through evaluation and studies of new technologies and capabilities, aim to lead to a future acquisition of new vessels in the defense field.
The South Korean shipbuilding sector is moving towards smart shipping, joining projects that include Industry 4.0 technologies, aiming to new smart ships that will achieve fuel cost reduction, autonomous navigation and long-distance remote control operations.
South Korean shipbuilder Samsung Heavy Industries Co. has won an arbitration case against Pacific Drilling VIII Ltd. (PDC) over a drill ship order cancellation in 2013. The shipbuilder is now likely to receive US$318 million in compensation over this case.
On 14 January, Damen Shipyards Group along with Gentium Solutions inked a MoU with the Ministry of Industry of Bangladesh in Dhaka, in order to boost the development of shipbuilding and ship repair industry in Bangladesh. Representatives of the Netherlands Embassy in Bangladesh, were also present at the signing ceremony.
ABS issued a guide concerning vessels designed to carry liquified gases and intended to have a structural fatigue life of not less than 20 years, providing guidance on the criteria that can be applied in the Classification of the hull structure of a liquified gas carrier with independent tanks.
US Senator Susan Collins, a member of the Defense Appropriations Subcommittee, and US Senator Angus King, a member of the Armed Services Committee, wrote to Secretary of Defense Mark Esper to express their strong support for a larger Navy.
Several days ago, the European Commission has started a full-scale investigation to assess the proposed takeover of Daewoo Shipbuilding and Marine Engineering (DSME) by the Hyundai Heavy Industries Group (HHI). The investigation completed on 17 December while was carried out under the EU Merger Regulation.
DNV GL’s Jan Rüde, Ship Type Expert MPV, discusses the challenges that vessels face when ports, either with high tidal range or ports in river estuaries, fall dry at low tide, which results to costly ship bottom deformation if the ground is uneven.
The Shandong, China’s first domestically-built aircraft carrier, officially entered into service, in line with the Chinese President Xi Jinping’s ambitions for the country to build up its naval power. A special ceremony was attended by officials in Sanya.
Maeil Business Newspaper reports that South Korea’s big three shipbuilders will be facing a challenging year ahead of them due to the extra pressure put on the offshore plant sector, affecting its business performance. It is said that as oil refiners are reluctant to place new orders due to high volatility of oil prices, it is increasingly difficult to get offshore plant orders.
DNVGL receives the SMART4SEA Training Award29/01/2020
What to know when travelling to and from Coronavirus-affected countries29/01/2020
Track and Trace standards launched for container shipping industry29/01/2020
- Maritime Health
Australia Maritime Union urges for an immediate response against coronavirus29/01/2020
- Cyber Security
Wärtsilä receives the SMART4SEA Cyber Security Award29/01/2020
Greece, EIB agree on financing for Eastern Mediterranean's first LNG bunkering vessel29/01/2020
Eagle Shipping to pay fine for US sanctions violations29/01/2020
EU to support offshore wind projects under the Green Deal29/01/2020
- Energy Efficiency
LAROS receives the SMART4SEA Energy Efficiency Award29/01/2020
The winners of the 2020 SMART4SEA Awards announced29/01/2020